CASH BUYERS ONLY PLEASE. Why rent when you can own for less? Priced to sell, by a motivated seller. Renovate this well-located Studio as your picture-perfect home, and your monthly Maintenance will be less than $300!! This quiet, sun-lit L-shaped studio with room for a bed, living area, and dining area, is being sold "As Is. " It features North-Eastern exposures, with corner Kitchen windows and a full windowed Bath, as well as three large closets and a hallway that can be configured as a dressing room. The Kitchen and original windowed Bath need to be "gut renovated. " The apartment needs a new paint job, but its vintage oak flooring has been well-protected, and should be in pristine condition when you pull up the carpet. Built in 1946, The Woodstock is a well-managed post-war co-op comprised of three six-story buildings, connected by a full-basement with laundry, storage, and handicapped access. Mature trees and vibrant flower beds surround the stately property. Amenities include a live-in superintendent and porter, elevator, laundry facilities, bike storage, meeting area and on-site parking. Garage parking is on a "short" waiting list, and costs only $125 per month. Super-low Maintenance of only $285 per month includes water, heat, real estate taxes, and all upkeep and utilities of the building, including the elevator. You pay only for you own electricity, cooking gas, and internet - the co-op is Fios enabled. Owners can sublet for up to two years, after two years of occupancy. Cats welcome, but sorry but no dogs allowed.
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Our Executive Mortgage Banker:
Our Insurance Division:
$195,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $156,000 | $156,000 | $156,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,038 | $1,037 | $1,316 |
Total Monthly Payment | $1,113 | $1,112 | $1,391 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.